gurjot_galwatti
Short

MRF - Double top Pattern - 1st Target 57532

MRF (NSE:MRF)  
NSE:MRF   MRF
There is formation of a double top pattern in a daily time frame chart following major resistance 61143. The exhaustion in bulls is further supported by a double top formation around 72 levels in the RSI indicator. This pattern will get more firm with the consecutive bearish candles below the uptrend resistance line. Therefore, the first target is 57532 and the second target 54816.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out